ValueXpress closes loans for a lot of first-time borrowers. A good experience results in a long-time repeat borrower. ValueXpress provides a great borrower experience based on our organizational abilities, knowledge sharing and clear direction. Our rock-solid organizational abilities means we send … [Read more...]

Sentiment was a mix of guarded optimism with a small dose of caution at the January Commercial Real Estate Finance Conference (CREFC) held in Miami, Florida this year. At this 20th annual conference, just under 1,900 registered attendees examined real estate values. The consensus seems to be that … [Read more...]

Sears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction for the department store chain with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to keep its doors open. Lampert’s bid, boosted from an earlier $5-billion offer, prevailed after weeks … [Read more...]

JPMorgan has taken the top spot for CMBS loan originations for 2018, according to Commercial Mortgage Alert. JPMorgan unseated Goldman Sachs, which led the industry in loan contributions to CMBS transactions in 2017. JPMorgan contributed $9.7 billion of CMBS loans to CMBS transactions in 2018, while … [Read more...]

For 2019, CMBS issuance will decline to $65 billion and multi-borrower conduit loans to $30 billion, according to Kroll Bond Rating Agency (KBRA) predictions. KBRA indicates that the following factors may contribute to a decline: fewer CMBS loan maturities -- less than $10 billion of conduit loans … [Read more...]

Scott Evans, Senior Managing Director at Government Loan Solutions (GLS), reported at the Secondary Market Summit in Washington, D.C. that for 2018 SBA 7(a) secondary market premiums are down approximately 15% from 2017. The downward trend began in July 2018, when premiums fell to 114 from 116 the … [Read more...]

ValueXpress is often asked, “When is a CMBS conduit loan right for me and my commercial property?” The answer begins with the two most compelling benefits of CMBS conduit loans: All CMBS conduit loans are non-recourse, which means there are no personal guarantees. CMBS conduit loans allow for … [Read more...]

With recent volatility in the stock market, spreads on CMBS securities have widened. This can affect the loan spread and interest rate to borrowers closing a CMBS conduit loan. But the recent rise in loan spreads has been offset by declines in the 10-year Swap. Loan interest rates for 10-year CMBS … [Read more...]